Stanley Druckenmiller is one of the most accomplished macro traders the world has ever seen. He worked closely with the legendary trader George Soros at the Quantum Fund. In addition to being closely tied to Soros’ infamous ‘breaking’ of the British Pound, Druckenmiller made successful multi-billion dollar bets on the... Show More
Check out our key takeaways from Amazon’s Innovation Day, plus catch up on other notable things that happened around the world this week, and what it all means for you and your investments. Show More
In light of the notable market volatility this week, it is timely to review what the masters of the market have said on the subject. These quotes from some of the most successful investors illustrate how investing in stock markets can be a challenging yet rewarding venture, requiring strong research... Show More
After eight years of falling interest rates and quantitative easing, most investors are wondering how long before the next great fall and when it will happen, mostly so they can dump their shares and avoid the pain suffered during the GFC. Show More
We’ve posted about the issue of sticking with your investment strategy before – see here: https://www.livewiremarkets.com/admin/wires/33581 and here: https://www.livewiremarkets.com/wires/33932 But it’s a topic that’s worth revisiting. AQR Capital, manager of over US$170B has released a research paper on exactly this subject. They look at Berkshire Hathaway, PIMCO’s Total Return Fund... Show More
US regulatory filings are in for the second quarter, and as always, they've created a stir. Each quarter the '13-F report' shows what fund managers with over $100 million in assets have been up to. Berkshire Hathaway, which is run by Warren Buffett, increased its stake in Apple by 55%... Show More
George Soros, ‘the man who broke the British Pound’, said in a recent note that the consequences of Brexit to the real economy will be “comparable only to the financial crisis of 2007-2008.” He went on to call the disintegration of the EU “practically irreversible.” It’s not just the EU... Show More
Former Soros protege and current billionaire Stan Druckenmiller had some intriguing things to say about the future of the US economy. At an event this week, Druckenmiller said he sees a “massive, massive problem” for the US in the 15 years due to the ageing population. He believes the exploding... Show More
Soros: It takes courage to be a pig. When asked about the most important lessons that Stan Druckenmiller learned from George Soros, he says: I've learned many things from him, but perhaps the most significant is that it's not whether you're right or wrong that's important, but how much money... Show More
China's credit-market gauges are triggering alarm bells, as banks grow cautious in lending to each other while investors prefer the safest government bonds. The spread between the two-year sovereign yield and the similar-maturity interest-rate swap, a gauge of financial stress, just reached 121 basis points, the widest in Bloomberg data... Show More
The word on the street prior to George Soros' involvement in Nine was that it was a little too easy to get an allocation in the IPO. Sources have told me the allocations to retail books had been very large indicating there was less interest from the Instos (although we... Show More
George Soros is set to emerge as one of the offshore investors in the much anticipated Nine float. Demand for the IPO is reported to have been somewhat soft with the final $2.05 pricing set at the bottom end of the target range. 70% of the offer is said to... Show More
Matthew McLennan runs $US80 billion of global equities, cash and gold at First Eagle Investment Management a privately owned fund manager based in New York. George Soros started his career at First Eagle where he worked from 1963 to 1973 and McLennan is arguably Australia's largest funds management export. He... Show More